- Why invest
- Debt investors
- Credit Ratings
- Contacts
-
Choose your country or regionRecommended CountryAfricaEurope & Asia PacificAmericas
Important notice: Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

Arno Daehnke Group Financial Director hosted a Pre-close call on 27 November 2023


Standard Bank is committed to driving sustainable and inclusive economic growth, as reflected in our purpose – Africa is our home, we drive her growth.

We are committed to driving Africa's growth in an inclusive and sustainable manner, supporting a just energy transition.
2023 INTERIM RESULTS HIGHLIGHTS
HEADLINE EARNINGS(Rm)
▲ 35%
R21 231 million
1H22: R15 691 million
HEADLINE EARNINGS PER SHARE(HEPS)
▲ 34%
1 281 cents
1H22: 956 cents
NET ASSET VALUE PER SHARE
▲ 10%
13 913 cents
1H22: 12 652 cents
DIVIDEND PER SHARE
▲ 34%
690 cents
1H22: 515 cents
RETURN ON EQUITY(ROE)
▲
18.9%
1H22: 15,7%
COST TO INCOME RATIO
▼
50.5%
1H22: 55.5%
CREDIT LOSS RATIO(CLR)
▲
97 bps
1H22: 82 bps
COMMON EQUITY TIER 1 RATIO
▼
13.4%
1H22: 13.7%

Arno Daehnke Group Financial Director hosted a Pre-close call on 27 November 2023
Please be aware of a 15 minute delay on this reading
ZAR
R 200.38
Source: JSE LTD
During the year, we made good strategic and financial progress. More specifically,
- We delivered a broader range of attractive value propositions to our existing clients and grew our client base;
- We managed risk well and improved operational metrics; and
- We took steps to re-allocate capital to drive returns
In the first six months of 2023, we made good strategic progress and delivered a strong financial performance. This result can be attributed to our differentiated franchise and Africa-focused strategy. We have continued to support our clients and our teams have managed the business well through an uncertain geopolitical environment and volatile market conditions.
During 2021 we made good progress in three key areas.
1. We achieved franchise growth across all three of our core businesses.
2. We made good progress in developing new revenue streams by scaling up our digital platforms and partnerships.
3. We remained focused on the diligent allocation of capital to fund expansion, while carefully managing costs, and we successfully completed the Liberty minority buyout.

The successful execution of our strategy will deliver a robust business capable of creating sustainable value for all our stakeholders over the long term.

An African focused, client-centred, digitally enabled integrated financial solutions provider, which drives Africa’s growth and creates value for all our stakeholders.

We have updated our strategic priorities to clarify what we need to do to deliver our 2025 Ambition.

Presence in 20 sub-Saharan African countries, offices in five key global centres, offshore financial services and a strategic partnership with ICBC.

We continue to focus on our key performance indicators ensuring we measure what matters most in delivering our strategy.
RESULTS AND PRESENTATIONS
Our latest reports, disclosures and presentations
Annual Reports The full 2022 suite
The full 2022 suite